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Apr 23, 2013
04/13
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this is not congress sending this to the faa and the faa having a choice. this is a considered move on the part of ray lahood to lead people love to make the system go down. it is the fa doing this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri: and, of course, it to you. brking news this afternoon about a lawsuit filed by the industry. the judge in that case did not grant an emergency stay to block furloughs. are you surprised? >> i am a little surprised. obviously a lot of legal opinions that says the faa can actually switch funds around to make this, but i do think it will take buthe administration and congress to come together to solve this problem. the faa should delay the cuts that congress should clear up the authority to switch around of funds. it will take both bodies to prioritize this is a problem so
this is not congress sending this to the faa and the faa having a choice. this is a considered move on the part of ray lahood to lead people love to make the system go down. it is the fa doing this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri:...
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Apr 23, 2013
04/13
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neil: faa has a higher budget this year than last year, i having said that, what is in it for them, if you think about. everything i think trickles down to the president good or bad. >> a few months they played the hand it was a disaster, they walked it back, they saw of it not a disaster we just slowing increase in spending. neil: your facts are dead obut these cuts would be rolled in this is latest more come ing on the travelling, you say it is a nightmare because there are fewer planes and stuff to the gill. >> yes, you have 4 airlines controlling 85% of domestic flights, people saying that airfares are not going up are crazy, they are going up, they have been rising it will be a very expensive summer to travel, and chuck schumer saying it will be like flying in a blizzard, these are the conditions, if he is talking about a blizzard because of the sequester cuts, what is going to happen to travelers, they will think twice about travelling, 1.7 million people jammed and the planes this summer maybe they will think twice about going, then what is the economic impact on that? it affect
neil: faa has a higher budget this year than last year, i having said that, what is in it for them, if you think about. everything i think trickles down to the president good or bad. >> a few months they played the hand it was a disaster, they walked it back, they saw of it not a disaster we just slowing increase in spending. neil: your facts are dead obut these cuts would be rolled in this is latest more come ing on the travelling, you say it is a nightmare because there are fewer planes...
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Apr 23, 2013
04/13
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potential suspects and we're told it will be another month before a federal court decides whether the faa can furlough air traffic controllers because of a sequester, they say. causing flight delays around the country the d.c. circuit court of appeals say because they're such an efficient organization they have set a deadline of may 22nd and the main airline industry group to file documents before denying the request of the emergency stay trying to stop the furlough. they did not think that would be inconvenienced to thousands of workers but both parties are urging the administration to postpone or cancel the furloughs claiming cfa a is a tool with which the administration plays politics. the energy department announces its version of taxpayers using $21 million from troubled car maker fisker automotive. the company on the verge of bankruptcy now with $171 million. they spent $660,000, and many of those yours and mine with every $103,000 car it sold. up next to the boston and bombing suspect read miranda rights. what happened to enemy combat and? he has been assigned three public defender
potential suspects and we're told it will be another month before a federal court decides whether the faa can furlough air traffic controllers because of a sequester, they say. causing flight delays around the country the d.c. circuit court of appeals say because they're such an efficient organization they have set a deadline of may 22nd and the main airline industry group to file documents before denying the request of the emergency stay trying to stop the furlough. they did not think that...
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Apr 23, 2013
04/13
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the faa had people on air traffic controllers. did you know the faa will spend $500 million on consultants this year? 325 million on supplies and travel? 470 million on grants. to make communities more livable and stable. why not divert some of it to air traffic controllers so we can avoid delays. you can't do that, the president doesn't have the flexibility to shift spending away from services. now, the cuts must be across the board. so why did president obama threatened to veto a republican bill that specifically gave him flexibility? why did he reject the opportunity to emplo and void inflicting pain? he wants air travelers to blame republicans. as you sit on the tarmac, you're being urged to write to congress. administration is using the heavily regulated airlines to channel your anger. it hurts them, so blame the republicans, not me. i don't think it is going to work. we can see through this ploy and don't we deserve better management than this? i'm going to try to remember the last time a president deliberately hurt the pres
the faa had people on air traffic controllers. did you know the faa will spend $500 million on consultants this year? 325 million on supplies and travel? 470 million on grants. to make communities more livable and stable. why not divert some of it to air traffic controllers so we can avoid delays. you can't do that, the president doesn't have the flexibility to shift spending away from services. now, the cuts must be across the board. so why did president obama threatened to veto a republican...
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Apr 23, 2013
04/13
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CNBC
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airports on monday as the faa began imposing furloughs of air traffic controls. but the widespread traffic never really materialized. flight aware.com says only about 150 flights were canceled. and is while some people waited nearly two hours to take off, delays were much shorter on average. let's get more now from aviation industry consultant ray. ray, good to see you. this isn't just a story about monday, is it? the real question is what happens as these furloughs continue to play out? >> yes. it's going to take at least a couple of days before we see the full impact of these budget cuts. >> talk a little bit about what's coming down the pike. it's pretty significant, to some extent. >> it is. and i think this puts forward a good argument on why the faa should be a public corporation in the u.s. with its own budget to get away from some of the politics of washington. this is a mandatory type of function that the airlines do need and is it's going to be very costly to the airlines, i believe, if this situation continues to move into the higher travel season. >>
airports on monday as the faa began imposing furloughs of air traffic controls. but the widespread traffic never really materialized. flight aware.com says only about 150 flights were canceled. and is while some people waited nearly two hours to take off, delays were much shorter on average. let's get more now from aviation industry consultant ray. ray, good to see you. this isn't just a story about monday, is it? the real question is what happens as these furloughs continue to play out?...
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Apr 23, 2013
04/13
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the faa has cut 47,000 positions. that's approximately 10% of its staff. that's to trim $200 million from its budget. but some passengers are questioning at what cost these savings are coming and some in washington are echoing that same sentiment. >> it is a matter of basic common sense that saving the $50 million at stake here is not really saving at all. in fact, it's penny wise, pound foolish. it is long-term, a cost to the nation. >> and what he's talking about right there is this domino effect that people are concerned about. of course, they're worried about the airlines and their bottom line, but if business travelers and other domestic travelers decide that these inconveniences will keep them from their travel plans, then you can see that spill over into the rest of the u.s. economy, and that's really the greater concern right now. bill, back over you. >> it's hitting us where we live, that's for sure. jackie, thank you very much. we are heading towards the close. 30 minutes left in the trading day. and we're getting, we're moving higher here. the b
the faa has cut 47,000 positions. that's approximately 10% of its staff. that's to trim $200 million from its budget. but some passengers are questioning at what cost these savings are coming and some in washington are echoing that same sentiment. >> it is a matter of basic common sense that saving the $50 million at stake here is not really saving at all. in fact, it's penny wise, pound foolish. it is long-term, a cost to the nation. >> and what he's talking about right there is...
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Apr 23, 2013
04/13
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to say manpower, the faa designates employes and aircraft makers will see the safety testing of new planes. >> the obama administration says, it has seized 21 million from troubled of leg of his carauto maker fisker automotive. that's just weeks after the company laid off 3/4 of its workers, amid continuing financial and production problems. fisker had already received nearly 200 million, o 29 of the $529 million federal loan, before the problems which led officials to freeze the loan in 2011. it has pledged its assets as collateral. the government was given to the anaheim based company is part of an obama in ministration program to boost electric cars, and other advanced vehicles. the nation's biggest banks are rolling out the next generation of 80 atm s the latest model including features like video chatting with a live teller in getting changer paying your credit card bill. bank of america's new tellers is machines for example allowed a customer to swipe a debit or credit card, driver's license or photo id for authentication. then a light seller physically based in delaware or florida p
to say manpower, the faa designates employes and aircraft makers will see the safety testing of new planes. >> the obama administration says, it has seized 21 million from troubled of leg of his carauto maker fisker automotive. that's just weeks after the company laid off 3/4 of its workers, amid continuing financial and production problems. fisker had already received nearly 200 million, o 29 of the $529 million federal loan, before the problems which led officials to freeze the loan in...